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ROIAK Radio One Inc featured news, full reports, and detailed charts

Radio One Inc (ROIAK) Wrap Up:

Radio One, Inc. operates as a radio broadcasting company, primarily targeting the African-American and urban listeners, in the United States. The company also engages in the acquisition and investment in other media properties. As of March 6, 2008, it owned and operated 54 radio stations located in 17 urban markets in the United States. In addition, the company also has approximately 36% ownership interest in TV One, LLC, which operates a cable television network featuring lifestyle, entertainment, and news-related programming targeted primarily towards African-American viewers. Further, Radio One, Inc. owns interests in Magazine One, Inc., doing business as Giant Magazine, which operates an...
www.radio-one.com
1,000 Employees
Founded in 1980

Radio One Inc (ROIAK:NASDAQ)

LAST $2.30 USD
CHANGE TODAY +0.05 2.22%
VOLUME 51.0K
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Radio One Inc (ROIAK)

OPEN
$2.25
PREVIOUS CLOSE
$2.25
DAY HIGH
$2.31
DAY LOW
$2.13
52 WEEK HIGH
11/10/09 - $2.89
52 WEEK LOW
12/12/08 - $0.15
MARKET CAP
105.3M
AVERAGE VOLUME 3 mo
522.1K
DILUTED EPS TTM
$-0.41
SHARES OUTSTANDING
45.8M
ROIAK Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

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ROIAK Top Compensated Officers

Mr. Alfred C. Liggins III
Chief Executive Officer, President, Treasurer...
Age: 44
Total Annual Compensation: $6.6M
Ms. Catherine L. Hughes
Co-Founder, Chairperson of the Board, Secreta...
Age: 62
Total Annual Compensation: $709.8K
Mr. Peter D. Thompson
Chief Financial Officer, Principal Accounting...
Age: 44
Total Annual Compensation: $381.6K
Mr. Barry Mayo
President of Radio Division
Age: 56
Total Annual Compensation: $500.0K
Ms. Linda J. Eckard Vilardo
Chief Administrative Officer, Vice President ...
Age: 51
Total Annual Compensation: $445.1K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Radio One Inc (ROIAK)

Radio One Inc. Proposes to Amendment Certificate of Incorporation

Radio One Inc. announced that annual meeting of stockholders will be held on December 16, 2009, proposes to approve an amendment to company's certificate of incorporation to effect a reverse stock split across all classes of common stock by a ratio of not less than one-for-two and not more than one-for-fifty at any time prior to the next annual stockholders meeting, with the exact ratio to be set at a whole number within this range as determined by board of directors in its discretion.

Radio One Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009

Radio One Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company's net revenues were $75,504,000 against $86,156,000 a year ago. Operating income was $22,349,000 against operating loss of $315,635,000 a year ago. Income before (benefit) from provision for income taxes, non-controlling interest in income of subsidiaries and discontinued operations was $14,517,000 against loss before (benefit) from provision for income taxes, non-controlling interest in income of subsidiaries and discontinued operations of $325,143,000 a year ago. Net income from continuing operations was $16,025,000 against net loss from continuing operations of $265,492,000 a year ago. Net income from continuing operations attributable to common stockholders was $14,313,000 or $0.25 per basic and diluted share against net loss from continuing operations attributable to common stockholders of $266,752,000 or $2.82 per basic and diluted share a year ago. Net income attributable to common stockholders was $14,226,000 or $0.25 per basic and diluted share against net loss attributable to common stockholders of $266,113,000 or $2.81 per basic and diluted share a year ago. EBITDA was $27,270,000 against negative EBITDA of $306,523,000 a year ago. Adjusted EBITDA was $28,012,000 against $27,938,000 a year ago. Capital expenditures were $1.7 million against $2.8 million for the quarter ended September 30, 2008. For the nine months, the company's net revenues were $206,258,000 against $242,086,000 a year ago. Operating loss was $2,471,000 against $285,258,000 a year ago. Loss before (benefit) from provision for income taxes, non-controlling interest in income of subsidiaries and discontinued operations was $26,990,000 against $328,682,000 a year ago. Net loss from continuing operations was $34,330,000 against $287,690,000 a year ago. Net loss from continuing operations attributable to common stockholders was $37,980,000 or $0.61 per basic and diluted share against $290,831,000 or $2.99 per basic and diluted share a year ago. Net loss attributable to common stockholders was $37,998,000 or $0.61 per basic and diluted share against $296,639,000 or $3.05 per basic and diluted share a year ago. EBITDA was $14,155,000 against negative EBITDA of $277,467,000 a year ago. Adjusted EBITDA was $63,744,000 against $68,107,000 a year ago.

Radio One Inc. expected to Report Fiscal Year 2009 Results on February 15, 2010. This event was calculated by Capital IQ (Created on October 29, 2009).

Radio One Inc. expected to Report Fiscal Year 2009 Results on February 15, 2010. This event was calculated by Capital IQ (Created on October 29, 2009).

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ROIAK Competitors

Company Last Change
Cumulus Media Inc $2.26 USD +0.01
Emmis Communications Corp $1.11 USD -0.03
Entravision Communications Corp $2.22 USD -0.04
Salem Communications Corp $5.30 USD +0.26
Westwood One Inc $4.20 USD 0.00
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation ROIAK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.6x
Price/Book 0.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

ROIAK

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ROIAK transactions

Type
Date
Target
Private Placement
July 28, 2009
iBiquity Digital Corporation

More Recent News About Radio One Inc

More news for ROIAK

Radio One Announces It Regained Compliance with NASDAQ Listing Rules

WASHINGTON, Oct. 19 /PRNewswire/ -- Radio One, Inc. (Nasdaq:http://www.globenewswire.com/newsroom/headlines.html?symbol=RAME ROIA and ROIAK) reported today that the Company had received a letter from The NASDAQ Stock Market advising that the Company's Class D shares, traded under the symbol ROIAK, had regained compliance with NASDAQ's minimum bid price listing requirements and were in good standing on The NASDAQ Global Market. (Logo: http://www.newscom.com/cgi-bin/prnh/20090806/PH57529LOGO )Previously, on October 20, 2008, Radio One had received a notice of deficiency with respect to the Class D shares from NASDAQ notifying the Company that for the 30 consecutive business days preceding the date of the letter, the bid price of the Company's common stock had closed below the $1.00 per share minimum bid price required for continued listing, and that the Class D shares had 180 days to regain compliance by meeting or exceeding the minimum bid price for a period of at least 10 consecutive trading days. Enforcement of the rules had been suspended by NASDAQ until August 3, 2009 due to the economic environment.The letter received from NASDAQ on October 15, 2009 stated that because the Class D shares closed above the $1.00 minimum bid price for the 10 consecutive trading days ended October 14, 2009, the Company had regained compliance and the matter was now closed. ...
Click here to read the whole Article (external link)

Trading Outlook for Sirius XM Radio Inc. Issued by StockPreacher.com

DALLAS, Nov. 6, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Sirius XM Radio Inc. (Nasdaq:SIRI - News). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision. The investment report on Sirius XM Radio Inc. (Nasdaq:SIRI - News) should be of particular interest to comparable broadcast/radio companies: Cumulus Media Inc. (Nasdaq:CMLS - News), Salem Communications Inc. (Nasdaq:SALM - News), Radio One Inc. (Nasdaq:...
Click here to read the whole Article (external link)

Radio One, Inc. Reports Third Quarter Results

WASHINGTON, Oct. 29 /PRNewswire-FirstCall/ -- Radio One, Inc. (Nasdaq: ROIAK - News and ROIA - News) today reported its results for the quarter ended September 30, 2009. Net revenue was approximately $75.5 million, a decrease of 12% from the same period in 2008. Station operating income(1) was approximately $32.7 million, a decrease of 6% from the same period in 2008. Net income was approximately $14.2 million or $0.25 per diluted share, an improvement from the net loss of approximately $266.1 million or $2.81 per diluted share for the same period in 2008. (Logo: http://www.newscom.com/cgi-bin/prnh/20090806/PH57529LOGO )Alfred C. Liggins, III, Radio One's CEO and President commented, "Our third quarter results contain mixed signals. The sequential improvement in radio revenue that we have been seeing since Q1 continued, but not as strongly as I would have liked. While certain of our larger categories are showing signs of recovery (food and beverage -1.6% year-to-year, ...
Click here to read the whole Article (external link)

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